Mitsui to Make Additional Investment in Aircraft Engine-Related Business
Japan, May 8 -- Mitsui & Co., Ltd. ("Mitsui") has decided to make an additional investment in Willis Mitsui & Co. Engine Support Limited ("WMES"), a joint venture between Mitsui and Willis Lease Finance Corporation ("WLFC"), which is a leading lessor of commercial aircraft engines and global provider of aviation services.Since 2011, Mitsui has been engaging in the aircraft engine operating lease business via WMES. Starting with WMES' acquisition of Bridgend Asset Management Limited, an aviation asset management company affiliated with WLFC (the "Transaction"), Mitsui plans to expand its aircraft engine-related business. Mitsui will further strengthen its partnership with WLFC, provide WMES with technical service functions in relation to air...
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